I have already written a lot about decreasing of innovative productivity of academic science and Big Pharma. In this article there is an explanation from another perspective:
“From 1973 to 2006, for example, the number of biological-sciences Ph.D. recipients in tenure-track positions six years after receiving their degree dropped from 55 percent to 15 percent, and it continues to fall. We are producing more and more Ph.D.'s, and every year there are fewer faculty positions for those graduates to fill.
To some people, this state of affairs has all the trappings of a pyramid scheme. Graduate schools and principal investigators take on too many students because they are inexpensive, work hard, and help to get papers published.”
Well, pyramid scheme. Why not? And another sentence:
”The event reinforced that, as the world becomes ever more data driven, our experiences in collecting and analyzing data make us increasingly valuable commodities in any number of fields. Looking around, it became clear that we've been looking at this pyramid upside down.”
The key words here “in any numbers of fields” and nothing is implied that innovations are a target. A lot of paperwork will not help in scientific creativity. Not only PhD students but scientists are transformed into "collecting and analysing data commodities". So sad but true...
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